Body of the Report:

With reference to the JSW Ordinary Shareholder Meeting (“OSM”) convened for 26 June 2019, the Management Board of Jastrzębska Spółka Węglowa S.A. („Company”, „JSW”) encloses the letter received today from its shareholder, State Treasury, represented by the Minister of Energy, comprising draft resolutions of the Company’s OSM, concerning the following items in the OSM agenda:

– Adopt a resolution on the rules for defining the compensation of the Management Board members (item 11 of the OSM agenda)

– Adopt a resolution on the rules for defining the compensation of the Supervisory Board members (item 12 of the OSM agenda)

– Adopt a resolution to amend the Company’s Articles of Association (item 13 of the OSM agenda)

Legal basis: § 19 Section 1 Item 4 of the Regulation issued by the Finance Minister on 29 March 2018 on the Current and Periodic Information Transmitted by Securities Issuers and the Conditions for Recognizing the Information Required by the Regulations of a Non-Member State as Equivalent (consolidated version in Journal of Laws of 2018, Item 757).